Information Processing and Bounded Rationality: A Survey
- 1 February 1995
- journal article
- research article
- Published by JSTOR in Canadian Journal of Economics/Revue canadienne d'économique
- Vol. 28 (1) , 42-67
- https://doi.org/10.2307/136022
Abstract
This paper surveys recent attempts to formulate a plausible and tractable model of bounded rationality. I focus in particular on models that view bounded rationality as stemming from limited information processing. I discuss partitional models (such as computability, automata, perceptrons, and optimal networks), non-partitional models, and axiomatic approaches.All Related Versions
This publication has 1 reference indexed in Scilit:
- From substantive to procedural rationalityPublished by Springer Nature ,1976